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Thailand – Survey: Consumer confidence rallying

A consumer confidence survey showed a large uptick in March from December 2021, with one possible outcome an increase in housing demand going forward, according to property research and consultancy Terra Media and Consulting Ltd. Managing director Sumitra Wongpakdee said the overall index of 200 respondents in March rose to 85.4 from 75.6 in December […]

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Vietnam’s tech retailer expands its network to Indonesia

Mobile World will cooperate with Indonesia retailer Erafone to open stores selling technology products in Indonesia. Mobile World has announced its partnership with PT Erafone Artha Retailindo (Erafone), a subsidiary of Erajaya Corporation, to establish PT Era Blue Elektronic joint venture in Indonesia. The chain of stores of this joint venture will be called Era […]

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70 percent of Cambodians have access to financial services

About 70 percent of Cambodians have access to financial services, with more than 8.6 million e-wallet account holders at the end 2021, according to the National Bank of Cambodia (NBC). “Cambodians have access to official financial services when people receive one of our four financial services, including credit, deposits, money transfers and digital payments,” said […]

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Technology to help Vietnam’s F&B recover

Technology applications have played an important role in helping the food and beverage (F&B) market in Vietnam get back on track after two years of challenges due to the pandemic, experts have said. As one of the most promising markets with rapid growth in Asia, Vietnam has always been an attractive destination for investors, especially in F&B.  In today’s rapidly evolving and […]

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Philippines: Peso – Asia’s best performer last week

The table below shows that last week, the Philippine peso was Asia’s best-performing currency.  It closed at 51.67 last Friday, gaining 0.92 percent against the US dollar.  The peso strengthened after the BSP signaled it would begin raising monetary policy rates in the second half of this year.  It also appreciated as oil prices eased […]

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Cambodia to play key role in meeting global rice demand

A recent study published by nature.com showed that global demand for rice is expected to increase 30 percent by 2050, however, with a “limited scope available for other main rice-producing countries such as China and India”, it will become incumbent on the countries such as Cambodia, Myanmar, Philippines, Thailand, Indonesia and Vietnam to close the […]

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